Industrial Logistics Properties Trust logo

Industrial Logistics Properties Trust

ILPT

NASDAQReal EstateREIT - Industrial

Previous close

$8.30

−$0.04 · -0.48%

Aug 21, 4:00 PM ET

Pre-market

$8.41

+$0.11 · +1.33%

Aug 24, 4:26 AM ET

ILPT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 1, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

77

Undervalued

Momentum

64

Gaining

Sentiment

55

Mixed

Risk resilience

50

Elevated Risk

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Company profile

Company website

Industrial Logistics Properties Trust (ILPT) operates as a Real Estate Investment Trust (REIT) specializing in the ownership and leasing of industrial and logistics facilities nationwide. Its management is handled by an operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management firm headquartered in Newton, MA.

Industry
REIT - Industrial
Sector
Real Estate
Headquarters
US
CEO
Yael Duffy
Listed since
Jan 12, 2018
Employees
0

Market position

Day range

Current $8.30

52-week range

Current $8.30

Open
$8.44
Previous close
$8.34
Volume
252.81K
0.51× average
Average volume
494.18K
Average daily volume
Market cap
553.99M USD
Beta
2.51
Market reference 1
50-day average
$8.7953
-5.63% below average
200-day average
$6.9086
+20.14% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.41B USD
P/E (TTM)
-11.58×
P/B (TTM)
1.19×
P/S (TTM)
1.22×
EV / EBITDA
13.44×
Earnings yield
-18.10%
Free cash flow yield
11.49%
Dividend yield
3.01%

Profitability & efficiency

Gross margin
10.99%
Operating margin
32.85%
Net margin
-10.37%
Return on equity
-13.52%
Return on assets
-1.28%
Return on invested capital
2.85%

Financial health

Debt / equity
9.08×
Current ratio
0.23×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends101%43%-15%-73%Gross margin, FY2021: 86.29%Gross margin, FY2022: 86.96%Gross margin, FY2023: 86.27%Gross margin, FY2024: 85.86%Gross margin, FY2025: 12.64%Operating margin, FY2021: 47.18%Operating margin, FY2022: 29.06%Operating margin, FY2023: 29.54%Operating margin, FY2024: 31.37%Operating margin, FY2025: 32.96%Net margin, FY2021: 54.43%Net margin, FY2022: -58.41%Net margin, FY2023: -24.69%Net margin, FY2024: -21.63%Net margin, FY2025: -14.75%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 86.29%. Gross margin FY2022 86.96%. Gross margin FY2023 86.27%. Gross margin FY2024 85.86%. Gross margin FY2025 12.64%. Operating margin FY2021 47.18%. Operating margin FY2022 29.06%. Operating margin FY2023 29.54%. Operating margin FY2024 31.37%. Operating margin FY2025 32.96%. Net margin FY2021 54.43%. Net margin FY2022 -58.41%. Net margin FY2023 -24.69%. Net margin FY2024 -21.63%. Net margin FY2025 -14.75%.

Income trends

Revenue

448.85M USD+1.48%

Operating income

147.93M USD+6.60%

Net income

−66.19M USD+30.82%
Income trends across reported periods516.41M USD246.18M USD−24.05M USD−294.28M USDRevenue, FY2021: 219.87M USDRevenue, FY2022: 388.15M USDRevenue, FY2023: 437.34M USDRevenue, FY2024: 442.32M USDRevenue, FY2025: 448.85M USDOperating income, FY2021: 103.74M USDOperating income, FY2022: 112.81M USDOperating income, FY2023: 129.2M USDOperating income, FY2024: 138.77M USDOperating income, FY2025: 147.93M USDNet income, FY2021: 119.68M USDNet income, FY2022: −226.72M USDNet income, FY2023: −107.99M USDNet income, FY2024: −95.67M USDNet income, FY2025: −66.19M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 219.87M USD. Revenue FY2022 388.15M USD. Revenue FY2023 437.34M USD. Revenue FY2024 442.32M USD. Revenue FY2025 448.85M USD. Operating income FY2021 103.74M USD. Operating income FY2022 112.81M USD. Operating income FY2023 129.2M USD. Operating income FY2024 138.77M USD. Operating income FY2025 147.93M USD. Net income FY2021 119.68M USD. Net income FY2022 −226.72M USD. Net income FY2023 −107.99M USD. Net income FY2024 −95.67M USD. Net income FY2025 −66.19M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue448.85M USD442.32M USD437.34M USD388.15M USD219.87M USD
Cost of goods sold392.13M USD62.56M USD60.05M USD50.62M USD30.13M USD
Gross profit56.72M USD379.76M USD377.29M USD337.53M USD189.74M USD
Selling, general, and administrative36.96M USD30.45M USD31.16M USD32.88M USD16.72M USD
Operating expenses−91.21M USD240.99M USD248.08M USD224.71M USD86M USD
Interest income6.72M USD11.43M USD7.91M USD2.66M USD
Interest expense264.56M USD292.54M USD288.54M USD280.05M USD35.63M USD
Depreciation and amortization165.23M USD171.99M USD178.73M USD160.98M USD50.6M USD
Operating income147.93M USD138.77M USD129.2M USD112.81M USD103.74M USD
Net income−66.19M USD−95.67M USD−107.99M USD−226.72M USD119.68M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 9 misses, 0 met estimates
Average EPS surprise
-266.06%
9 comparable reports
Latest EPS result
-0.22
Estimate -0.19 · Miss by 15.79%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.360.1-0.16-0.42Q1 '25No estimateQ2 '25No estimateQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual -0.37, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 29, 2025: actual -0.33, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 29, 2025: actual -0.32, estimate 0.21, surprise -252.38%, Miss. Q4 2025, reported Oct 28, 2025: actual -0.33, estimate 0.26, surprise -226.92%, Miss. Q1 2026, reported Feb 18, 2026: actual -0.03, estimate 0.28, surprise -110.71%, Miss. Q2 2026, reported Apr 29, 2026: actual -0.14, estimate 0.31, surprise -145.16%, Miss. Q3 2026, reported Jul 29, 2026: actual -0.22, estimate -0.19, surprise -15.79%, Miss. Q4 2026, reported Oct 27, 2026: actual —, estimate -0.14, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates122.18M116.65M111.13M105.6MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 18, 2025: actual 110.52M USD, estimate 110.3M USD, surprise +0.20%, Beat. Q2 2025, reported Apr 29, 2025: actual 111.91M USD, estimate 112.1M USD, surprise -0.17%, Miss. Q3 2025, reported Jul 29, 2025: actual 112.1M USD, estimate 111.48M USD, surprise +0.56%, Beat. Q4 2025, reported Oct 28, 2025: actual 110.94M USD, estimate 111.73M USD, surprise -0.71%, Miss. Q1 2026, reported Feb 18, 2026: actual 113.91M USD, estimate 111.73M USD, surprise +1.95%, Beat. Q2 2026, reported Apr 29, 2026: actual 116.42M USD, estimate 114.82M USD, surprise +1.40%, Beat. Q3 2026, reported Jul 29, 2026: actual 114.12M USD, estimate 116.1M USD, surprise -1.70%, Miss. Q4 2026, reported Oct 27, 2026: actual —, estimate 117.48M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$11.50

38.55% upside
Past 12 months12-month forecastHigh $11.50Average $11.50Low $11.50

Rating distribution

9 ratings
Strong buy00%
Buy444%
Hold333%
Sell222%
Strong sell00%

ILPT news

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